0000950133-05-001055 Sample Contracts

WAREHOUSING CREDIT AND SECURITY AGREEMENT
Warehousing Credit and Security Agreement • March 16th, 2005 • Municipal Mortgage & Equity LLC • Real estate • Minnesota

WAREHOUSING CREDIT AND SECURITY AGREEMENT, dated as of May 23, 2003 between MUNICIPAL MORTGAGE & EQUITY, LLC, a Delaware limited liability company, (“MMA”), MUNIMAE TEI HOLDINGS, LLC, a Maryland limited liability company (“MTEI”), MIDLAND MORTGAGE INVESTMENT CORPORATION, a Florida corporation (“Midland Mortgage”), MMA CONSTRUCTION FINANCE, LLC fka MUNIMAE MIDLAND CONSTRUCTION FINANCE, LLC, a Maryland limited liability company (“MMA Construction”), and MMA CAPITAL CORPORATION, a Michigan corporation f/k/a MIDLAND CAPITAL CORPORATION (“MMA Capital”) (MMA, MTEI, Midland Mortgage, MMA Construction and MMA Capital, collectively, “Borrower”) and RESIDENTIAL FUNDING CORPORATION, a Delaware corporation (“Lender”).

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 16th, 2005 • Municipal Mortgage & Equity LLC • Real estate

This Amendment is effective and made as of the 1st day of January 2005 by and between Municipal Mortgage & Equity, LLC, a Delaware limited liability company, (the “Employer”) and Mark K. Joseph (the “Executive”), and amends that certain Employment Agreement (the “Agreement”) between Employer and Executive dated July 1, 2003.

AMENDED AND RESTATED MASTER RECOURSE AGREEMENT AMONG FANNIE MAE, MUNICIPAL MORTGAGE & EQUITY, LLC AND MMACAP, LLC DATED AS OF DECEMBER 1, 2000
Master Recourse Agreement • March 16th, 2005 • Municipal Mortgage & Equity LLC • Real estate • District of Columbia

THIS AMENDED AND RESTATED MASTER RECOURSE AGREEMENT (this “Agreement”), dated as of December 1, 2000, is made and entered into by and among FANNIE MAE, a corporation organized and existing under the laws of the United States of America (“Fannie Mae”), MUNICIPAL MORTGAGE & EQUITY, LLC, a Delaware limited liability company (“MuniMae”) and MMACAP, LLC (formerly BlackCap, L.L.C. (“BlackCap”)), a Delaware limited liability company (“Recourse Provider”). The meanings of capitalized terms used in this Agreement and not otherwise defined are as set forth in Section 1.2 of this Agreement.

MUNICIPAL MORTGAGE & EQUITY, LLC EMPLOYMENT AGREEMENT Michael L. Falcone
Employment Agreement • March 16th, 2005 • Municipal Mortgage & Equity LLC • Real estate • Maryland

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is effective as of the 1st day of January, 2005 by and between Municipal Mortgage & Equity, LLC, a Delaware limited liability company (“Employer”) and Michael L. Falcone (“Employee”).

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